Saudistocks
POTENTIAL SETUP ( TASI : 2010 )As the market currently trading in a Parallel channel. The price was reacting well the support and resistance of channel and a market currently formed a bullish morning star candle on daily TF with a mature bullish divergence. If the market successfully sustain this buying confluence the next leg up could go for new HH.
2310 IS GOING BEARISHAnother market that people are asking about is 2310.
Don't buy it, and if you have already bought and you're in losses close your positions and wait for the market to give you a proper entry and take it!
Let me know which market you have bought in losses!
WAIT BEFORE YOU BUY 2040As you can notice on the chart, the market still got some gaps to fill before going Bullish.
To buy on 2040 you must wait for the market to fill all the gaps then you can have a safe entry.
Let me know the stocks you're holding in losses.
DON'T WASTE YOUR MONEY ON 2222A month ago I posted not to buy on 2222, but still some people have bought and cashed out all their savings, and some are still in big losses.
The stock is still heading down. DO NOT BUY IT!
Let me know the stocks you have bought for loss!
DON'T BUY 1120Been receiving too many questions about 1120 if it's time to buy it, I can say no since the market gave us a failure swing and now it's heading to the FVG we have to fill it.
Don't buy it and instead invest in the stocks that will come you with profits.
Follow for more!
Amlak 1182 - Bullish Signs
It was great week with this stock in low time frame and now show strong signs in daily:
1- Break VWAP
2- Break level 10.8
3- Bullish candle
Price Target
TP1: 11.88
TP2: 200 MA
BANQUE SAUDI FRANSI 1050 - Bullish Signs
1- Bounce from demand level at 33.5
2- Break VWAP
3- Bullish candles
Price Target
TP1: red box (GAP)
TP2: red line Monthly Open (37.25)
DON'T BUY 4003As you can notice on the chart we have a high volume bearish move, which means the market will break the current level and reach the next one where we can see how the xstock will act.
The comment section is all yours for further questions!
DON'T BUY 2222I got lots of questions from people who have bought 222 and they're in losses now about if the stock will riase or no.
My answer is always NO, the price is falling down and it will keep falling to the LEVEL 26.60 where we can see what will be the next move of the price.
Savola group 2050 - Bullish Signs
Show some strong signs:
1- Break 200 ma
2- Break Daily 200 ma
3- Break VWAP
Price Target
TP1: 48.3
TP2: 50.4
2001 reverse area to create a high trend?Hello everyone,
I would like to share my analysis of this stock, which I have been following since September 2022. The price is currently in a zone that has a high probability of initiating a countertrend and starting an upward movement. I see the downside target at 16.46.
Please note that the current time might not be the best for entry, but I decided to share this analysis for those interested in following this stock. I have included an explanation in Arabic on the chart that explains how to enter the specified area, hoping that the explanation is clear to everyone.
Please be aware that I have not read the financial statements or any news about the company at all, as I do not have the time for it. This is your responsibility.
I welcome any inquiries or discussions about this analysis.
SAUDI ARABIAN OIL CO.Long trade with positive ratio.
if you have any questions do not hesitate to contact me.
GBPJPY TRADEThe market forms a double top , I already took that trade to the down side gaining 2000 $ and now i'm entering on another trade to the downside aiming for 2.51 to 1 RR , SL at 198.953 and TP at 197.454
Rising Wedge Pattern Breakout & Target is 1558Rising Wedge Pattern formed and Breakout, Bullish Trend Target is 1558.
I want to help people to Make Profit all over the World.
Next Target 0.5 Fibonacci Market is coming down and the Target is (1323) 0.5 Fibonacci level and it act as Support. If Break that support, then the Next Target is (1205) 0.6 Fibonacci.
I want to help people to Make Profit all over the World.
DON'T BUY 2222Here as you can see on 2222, the price is still heading down and for now there's no indication that it will come back up, don't buy it and if you're holding in loss just sell and invest in stocks on which you will make profits.
For further questions, don't hesitate to ask!
7010 IS STILL GOING DOWNLast week I posted not to buy 7010 since it is continuing its way down to fill the gaps we have in the market.
Now as you can see the market is approaching to the level it will pullback on, and that doesn't mean that it's time to buy since we must wait for some conditions to be met before we decide if we buy or no.
For more questions, don't hesitate to ask!
YOU STILL CAN'T BUY 1120Dear Saudi traders,
Last week I posted that you can't buy 1120 since it still going down, and here it is.
For now there's no point of buyin 1120, instead, you can check the other markets where you have the opportunity to buy.
For further questions don't hesitate to ask!
Alahli Bank to all time high as you see in the chart everything is clear
i hoop to activate the SL NO jokes with STOP LOSE
we will change the SL soon when we get some confirmation in the chart.
GOOD LUCK & TRADE SAFELY
LCID has another falling wedge breakout LONGLCID is making its move while Fisker got halted and will be delisted. LCID has a rich uncle, a
Saudi billionaire running the national wealth fund there. Fisker lost its suitor in Nissan and tried
to raise cash by selling cars under cost. I would be afraid to buy a car from a company about
to head into bankruptcy. Anyway, time to buy LCID for now, it has a vaccine against the
contagion. I happen to be very fond of falling wedges especially when they repeat. My skills
in Elliott Wave analysis are nil but this is one to analysis. In the meanwhile, it's a buy ( no
I am not a fan of Jim Cramer.)
